M&A Deal Summary

Hughes - Space and Communications Business Acquires Magnavox Electronic Systems

On September 2, 1995, Hughes - Space and Communications Business acquired electronics company Magnavox Electronic Systems for 370M USD

Acquisition Highlights
  • This is Hughes - Space and Communications Business’ 1st transaction in the Electronics sector.
  • This is Hughes - Space and Communications Business’ largest (disclosed) transaction.
  • This is Hughes - Space and Communications Business’ 1st transaction in the United States.
  • This is Hughes - Space and Communications Business’ 1st transaction in Indiana.

M&A Deal Summary

Date 1995-09-02
Target Magnavox Electronic Systems
Sector Electronics
Buyer(s) Hughes - Space and Communications Business
Deal Type Add-on Acquisition
Deal Value 370M USD

Target

Magnavox Electronic Systems

Fort Wayne, Indiana, United States
Magnavox Electronic Systems, Inc. is an American electronics company.

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Buyer(S) 1

Buyer

Hughes - Space and Communications Business

Los Angeles, California, United States

Category Company
Sector Electronics
DESCRIPTION

Hughes Corp. - Space and Communications Business also includes Hughes Electron Dynamics, a leading supplier of electronic components for satellites, and Spectrolab, a premier provider of solar cells and panels for satellites.


DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (1995) 1 of 1
Size (of disclosed) 1 of 1